Shortly after the Lincoln High School was built in 1921, the Church of Jesus Christ of Latter-day Saints established an LDS seminary program for the high school students in the nearby Timpanogos LDS meetinghouse. Young members of the Church and many of their friends attended the seminary classes there for a number of years.
In 1929 or 1930, due to the growing popularity of the seminary program, the decision was made to construct a new seminary building on a plot just west of Lincoln High School. The building was also to provide offices for the Sharon LDS Stake Presidency.
The Sharon Stake seminary building was completed less than two years later and dedicated by Elder David O. McKay of the Quorum of the Twelve Apostles of the LDS Church on May 20, 1931. The facility was used as a seminary for the next 25 years. In 1956 the new Orem High School was completed, but the Sharon Seminary continued to be used by Lincoln Junior High School students for several more years.
Today, the former Sharon State Seminary Building is owned and occupied by the Orem Commission for Economic Development, and is meeting an important need in the community, financially mentoring new businesses.